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Deano9999 commented Jan 5, 2014There is no "right" setting, but I've found that certain pairs move and turn just after the MACD crosses when its settings are different from the 12,26,9 standard. RSI standard is 30 low and 70 high, but I've found lately that some pairs are not ...
Position Adjustment or Trend Reversal?
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Deano9999 commented Jan 5, 2014Not if you change your MACD and RSI settings, per pair. I find this works very well.
Position Adjustment or Trend Reversal?
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Deano9999 commented Dec 29, 2013I sympathisize with you, but we will give you a run for your money down here in Aus, having just successfully pissed up against a wall one of the largest economic windfalls in history.
French Constitutional Court Approves 75% Tax On High Earners
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Deano9999 commented Dec 20, 2013Just wait for the GBP on Dec 27 after a couple of days of the 4th Test, it will be under 1.60!

GBP/USD Outlook Dec. 16-20
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Deano9999 commented Dec 19, 2013Its ranged for last two weeks? Anyway I don't think its heading far south if at all. This is almost a dummy taper so still risk on and the EUR likely to head back North by year end.
EUR: 'long, Slow Goodbye' - Credit Agricole
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Deano9999 commented Dec 18, 2013It will be slow going though, with a lot of ranging. Its still ranging for now and until it breaks and closes below key support at 1.3660 on the daily I'm not touching it.
EUR: 'long, Slow Goodbye' - Credit Agricole
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Deano9999 commented Dec 18, 2013Its never too late...good luck jumping in now before the press conference.
FOMC Statement
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Deano9999 commented Dec 17, 2013Had my tongue in my cheek. I think Cable will set a couple of new highs if there is no taper tomorrow and then fall.
Euro Set-up To Top Against Greenback Into New Year
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Deano9999 commented Dec 17, 2013Sadly yes, GBP to crash now they have lost the Ashes!
Euro Set-up To Top Against Greenback Into New Year
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Deano9999 commented Dec 17, 2013I thought the stress tests were happening now?
'Doom loop' tying European banks and governments reinforced
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Deano9999 commented Dec 17, 2013Just another flawed data release. The methodology of most of these has no basis in reality, but the EUR will be supported on this. 1.40 is setting up as the major pivot.
German ZEW Indicator - Optimism Continues
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Deano9999 commented Dec 16, 2013Excellent, a great article and I'm happy to wait for the volatility to settle before hopping onto the EUR's back. 1.40 looks like a major pivot.
Euro Set-up To Top Against Greenback Into New Year
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Deano9999 commented Dec 16, 2013GBP down after today when they lose the Ashes.
GBP/USD: Trading the British CPI
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Deano9999 commented Dec 15, 2013GBP will collapse this week as they lose the Ashes (thats cricket for those unaware).
GBP/USD Outlook Dec. 16-20
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Deano9999 commented Dec 13, 2013Spot on SB, so far Draghi has shown great skill in getting a lot done without having to do anything himself. And the FED will probably do it again for him. Besides the data coming out of the zone remains very soft, so there remains no dundamental ...
Cable and Euro take a plunge
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Deano9999 commented Dec 12, 2013Hear hear and don't worry if your trade plan is for an AUD long it will revisit 0.9000 again next week (maybe later today) before the trip to 0.8500.
Aussie Dollar assaulted by RBA Governor Stevens
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Deano9999 commented Dec 12, 2013The EUR strength is being constrained by these weak data releases. Its starting to look like a double top may be forming as the EURUSD momentum slows and its overbought. Expect higher volatility as volume thins out into next week and year end.
Industrial production down by 1.1% in euro area
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Deano9999 commented Dec 9, 2013And imho the top of this run can only reach the large multi month downtrend channel, which currently sits around 1.3960, so trade long up to there and then go short. I'll be surprised if it reaches 1.40 - its disastrous for the EU with the the EUR ...
EUR/USD bursts through 1.3750 barrier
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Deano9999 commented Dec 9, 2013Its overbought now on both the 4hr and daily charts, so there is probably an easy short back to the ema for 50+ pips before it resumes its run higher, but the resistance at the year's high at 1.3820 will be formidable, and a double fail there will ...
EUR/USD bursts through 1.3750 barrier